Today we had a 0 Gap Continuation Open with pro bars bouncing off the 4500 Midline signaling upside potential. We Broke out the previous high @ 1311.00 on the open bar and continued until the 1st TI.
Recap Notes:
Trade Selection - Excellent 1 shot 1 kill. The first in a while off of a 15 single cycle that was approaching a 45 sync. Price bounced off the 4500 Mid line with multiple probars at the 1500 cycle support.
Today's 15m Close: .
Accumulation Range: Intraday Session: Blocks @ 1303.25-1306 and again at 1309-1312
Globex: None
Distribution Range: Intraday:
Globex: 1309 Vpoc Held
Today's $TICK Close: 280
INTANGIBLE OBSERVATIONS:
After Multiple Days of Consolidation be on the lookout for a Break out of range - Be aware of the Gap type and higher time frame premise Ie. (the weekly and daily trend and premise)
